Spend Less

One important benefit of minimal living is the simple reality that it costs less. As you accumulate fewer things, you spend less money. Additionally, it costs much less to store them, maintain them, repair them, clean them, and even discard them. And as your affection for physical possessions begins to fade, you’ll find far more opportunity to use your finances in other ways.

Many people believe the secret to financial freedom is earning more money. Unfortunately, when we begin to make more money without spending restraints in place, we just spend more money… this truth has proven true over and over again (maybe even in your own life). Conversely, the reverse is probably more true: the secret to financial freedom is actually spending less. It’s the simplest solution to (almost) all your money problems.

Live a life that accumulates only the essential often results in the financial freedom you’ve been searching for.

Joshua Becker

About Joshua Becker

Writer. Inspiring others to live more by owning less.
Bestselling author of Simplify & Clutterfree with Kids.

Follow on TwitterLike on Facebook


  1. Natalie says

    Hi! Just found your blog today and I’m loving the idea of minimalism. I used to think that I would miss all my material items, but recently I’ve been selling a lot of my things (I’m a horrible hoarder; I can never throw things away!) and I haven’t noticed the difference at all as I barely used them. In fact I’m loving all the extra space! I am definitely going to try and minimize the amount of possessions I have and I will be keeping up with your blog, Thanks!

    • di says

      Imagine how much money you could have saved with compounded interest.

      It’s difficult to get back all the money you’ve spent. You’re lucky if you can get half of what you originally spent on an item.

      Best not to spend it in the first place.

  2. says

    Amusingly enough, frugality is in essence how I ended up minimalist. My last year of college I was looking for ways to save money after graduation, and ran into, if memory serves, Leo’s website mnmlist. Started reading, eventually found you and Tammy Strobel and Joshua Millburn, and the more I read the more I liked it and felt in tune with the whole thing. Didn’t actually take any steps towards becoming minimalist until roughly a year after graduation (around the beginning of this month) but now the more I do, the more I like it.

  3. Barbara Robinette says

    In the 1970s, Ernest Callenbach wrote a book called “Living Poor with Style.”

    It made a difference in my life and I enjoy checking your website for talk on living with and for less stuff.

  4. catchmor.com says

    This certain Are generally Weight Loss diet is going to be an quite and flexible sticking to your diet training planned for those that locate themselves looking for to
    get slimmer body moreover eventually maintain a significantly more healthy life style.
    weight loss

  5. says

    Just discovered your blog a few minutes ago and have started reading about being a Minimalist. I’ll continue reading your blog as there’s great stuff here. I have a blog on declutter and I’m always on the look out for content I could get ideas from.

    Great content. I’ll be returning often.

    Keep up the great job.

  6. Arthur says

    I enjoyed reading your articles on minimalist living for the last couple years. It opened my mind to an alternative life style. You provided the tools to snap me out of this vicious cycle we live in. Practicing a minimalist life is challenging but spiritually
    rewarding experience. Keep up the good work and thank

  7. says

    I’ve just started a concentrated effort at reducing our stuff in hopes of moving my family of six into a smaller (800 sq. ft) home! I spend too much time and energy picking up the stuff we all leave lying around because there’s not enough storage and am realizing that the problem is too much stuff rather than too few closets! It feels AMAZING to let go, to clear out spaces that have been packed full of …just stuff! Your blog is a great help!

  8. Connie says

    I started reading your blog 2 years ago (the time when I renovated my one-bed room apartment); I had to move out and packed all my stuffs before renovation. I paid extra $$ for storage during the renovation period. Eventually, most of these items can be “let go”. I really admired your way of living, although I am not yet a minimalist (I wish I could). I tried to spend less money on materialized item and donated most of the new unused item to the charities (which I have bought for years but never use them). I know it’s a long way to go… Thanks for sharing; I really enjoy reading your articles.

  9. Kenny says

    There are two ways to be rich. Have more than you could possibly spend (wont happen!) or–be satisfied with what you have (or less).

  10. Lukman says

    I am currently studying in faculty of economics in university, and it isn’t surprising that the doctrine “having more money to spend more to get happiness” still remains.

    I hardly get the unorthodox ways of thinking, in terms of spending less money. But fortunately I found more readings about living minimal and choosing/spending the essential.

    I am not still graduated and don’t have a job, though. But at least I know how I would spend my money when I am, and when I have one.

  11. says

    Basically I try to only buy the things I know I will absolutely need. With this mindset I try to buy things of good quality, which may cost more but in the end will save me money because I only had to buy them once.

    If anyone wants to discuss more things related to minimalism join my forum community at:


  12. Simon says

    Thank you for your blog. I try to use minimalism to benefit the environment, which I care for deeply. Doing little things to alleviate one’s environmental footprint makes a difference. I’ve found purchasing a $1.00 coffee tumbler from Starbucks saves foam cups from being used by me at work. Another example is using hand towels instead of paper towels. My hope is to use these little steps to build bigger ones.

  13. Larry says

    I enjoy being a minimalist. I’m plan my weekly shopping once or twice a week depending how long I’m living in my apartment each time (I have Autism and currently living in supported accommodation with individual apartments but come back and fourth from home.) I’m very slowly trying to cut out most junk food in my diet and only keep a few old favourites. For example I’m trying to slowly eat less cakes and cookies but keep chocolate particularly dark which I love so much more than white and milk now having gave it all up temporarily for nearly two months earlier this year (Lent).

Sites That Link to this Post

  1. Beyond Better Looks « Kiarastyle | February 17, 2013

Leave a Reply

Your email address will not be published. Required fields are marked *